Used as a key intermediate in the synthesis of pharmaceuticals, particularly in the development of anxiolytic and sedative agents. It serves as a building block in the preparation of imidazopyridine-based drugs, which interact with benzodiazepine receptors in the central nervous system. Also employed in the creation of agrochemicals and functional materials due to its stable heterocyclic structure and ease of functionalization. Its bromine substituents allow for further cross-coupling reactions, making it valuable in medicinal chemistry research and drug discovery.